Answer: $350
Explanation:
The expected monetary value is the weighted average of the outcomes.
25% - Stock Market is good
50% - Stock Market is average
25% - Stock market is bad
Expected Monetary Value = ( 0.25 * 1,000) + (0.5* 600) + ( 0.25 * -800)
= 250 + 300 - 200
= $350
The value dimension that the behavior of the people of country x relates to is <u>b. people of country x</u> have a low indulgent vs. restraint ratio.
<h3>What is the difference between indulgent and restrained societies?</h3>
According to Hofstede's Cultural Dimensions, an indulgent society values the satisfaction of human needs, desires, and pleasures above societal norms.
On the other hand, a restrained society curbs their desires, withholding pleasures that align with societal norms.
Thus, since the people of country x tend to save their income rather than spend on luxuries, the relevant value dimension is a low indulgent vs. restraint ratio.
Learn more about Hofstede's Cultural Dimensions at brainly.com/question/14756841
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Answer:
7.82%
Explanation:
In CAPM (capital asset pricing model), cost of equity = Risk free rate of return + Beta × (market rate of return – risk free rate of return)
T-bill is treasury bill backed up by governement, then cosidered is risk free rate.
Using the CAPM, the company's cost of equity = T-bills yielding 4.4% + beta 1.14 x (market risk premium 7.4% - T-bills yielding 4.4%)
= 4.4% +1.14*(7.4%-4.4%) = 7.82%
Answer:
True
Explanation:
A decrease in demand means that consumers plan to purchase less of the good at each possible price
